EVI INDUSTRIES, INC. (EVI) Form 10-K — Sep 8, 2026
EVI Industries filed its fiscal 2026 10-K reporting revenue of $446.6 million, up 15% from $389.8 million, driven primarily by businesses acquired under its buy-and-build strategy. Net income rose 3% to $7.7 million, with diluted EPS slipping to $0.48 from $0.49 as SG&A (+20%) and interest expense (+44%) grew faster than revenue. The filing confirms EVI's first dedicated expansion beyond commercial laundry distribution: the $37.4 million acquisition of Miami-based Sudsies, Inc., completed September 1, 2026, establishes a new consumer garment care services segment that will be consolidated starting in the quarter ending September 30, 2026.
Key figures
- Eps
- $0.51 basic / $0.48 diluted
- Revenue
- 446570000
- Net Income
- 7718000
- Total Debt
- 51000000
- Revenue Yoy
- 15%
- Total Assets
- 304495000
- Cash Position
- 6774000
- Shares Outstanding
- 12878532
- Customers
- 55000
- Employees
- 900
- Credit Facility
- $150 million with $50 million accordion (total $200 million)
- Effective Tax Rate
- 34.5%
- Gross Margin Fy2025
- 30.4%
- Gross Margin Fy2026
- 31.5%
- Operating Cash Flow
- 20606000
- Interest Expense Net
- 3937000
- Interest Expense Yoy
- +44%
- Sga Percent Of Revenue
- 28.0%
- Buyback Authorization
- $10.0 million (approved July 28, 2026)
- Revolver Availability
- $52.2 million as of June 30, 2026
- Management Voting Power
- 52.3%
- Supplier Concentration
- Four manufacturers = ~71% of product purchases
- Credit Facility Maturity
- March 26, 2030
- Fiscal2025 Acquisitions
- $51.0 million (four companies)
- Fiscal2026 Acquisitions
- $3.9 million (ASN Laundry Group and Belenky)
- Sudsies Acquisition Price
- $37.4 million (closed September 1, 2026)
- Weighted Average Interest Rate
- 5.24%
- Special Dividend Per Share Fy2026
- $0.33
- Non Affiliate Market Value Dec2025
- 159823590
Price after filing
Close on the filing date to close N calendar days later (from $13.66). Historical, not a forecast.
AI analysis
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